FEEL24 VESTERÅLEN AS

8403 SORTLAND

Finances

Return on Equity

−6,25 %

Current Ratio

1,06

Debt-to-Equity Ratio

−1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 305 000	1 951 000	1 672 000	1 839 000
Net Income	630 000	382 000	148 000	270 000
Total Assets	4 248 000	1 461 000	1 076 000	945 000
Total Equity	−10 076 000	782 000	400 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 305 000	1 951 000	1 672 000	1 839 000
Expenditure	11 378 000	1 461 000	1 496 000	1 510 000
Operating Profit	927 000	490 000	177 000	328 000
Financial Income	9 000	3 000	17 000	6 000
Financial Costs	97 000	0	0	0
Financial Balance	−88 000	3 000	17 000	6 000
Earnings Before Tax	839 000	492 000	194 000	335 000
Tax	208 000	111 000	46 000	65 000
Net Income	630 000	382 000	148 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 947 000	148 000	203 000	232 000
Total Current Assets	2 301 000	1 314 000	873 000	712 000
Total Assets	4 248 000	1 461 000	1 076 000	945 000
Total Retained Equity	−12 090 000	382 000	0	75 000
Total Equity	−10 076 000	782 000	400 000	475 000
Total Long-Term Debt	12 147 000	0	0	0
Total Current Debt	2 177 000	680 000	676 000	470 000
Total Equity and Debt	4 248 000	1 461 000	1 076 000	945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 040 000	1 891 000	1 672 000	1 839 000
Other Income	265 000	61 000	0	0
Revenue	12 305 000	1 951 000	1 672 000	1 839 000
Cost of Goods Sold	170 000	0	0	0
Salary Costs	3 531 000	414 000	285 000	471 000
Depreciation	449 000	63 000	63 000	20 000
Impairment	0	0	0	0
Expenditure	11 378 000	1 461 000	1 496 000	1 510 000
Operating Profit	927 000	490 000	177 000	328 000
Financial Income	9 000	3 000	17 000	6 000
Financial Costs	97 000	0	0	0
Financial Balance	−88 000	3 000	17 000	6 000
Dividends	0	0	133 000	0
Net Income	630 000	382 000	148 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 670 000	0	0	0
Fixtures	166 000	127 000	183 000	210 000
Total Tangible Assets	1 836 000	127 000	183 000	210 000
Total Fiancial Fixed Assets	112 000	20 000	20 000	22 000
Total Fixed Assets	1 947 000	148 000	203 000	232 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 747 000	1 191 000	526 000	544 000
Total Current Assets	2 301 000	1 314 000	873 000	712 000
Total Assets	4 248 000	1 461 000	1 076 000	945 000
Total Equity	−10 076 000	782 000	400 000	475 000
Short-Term Group Debt	0	448 000	448 000	334 000
Total Long-Term Debt	12 147 000	0	0	0
Creditors	627 000	40 000	13 000	54 000
Unpaid Taxes	158 000	34 000	33 000	35 000
Dividends	0	0	133 000	0
Other Current Debt	1 263 000	47 000	27 000	46 000
Total Current Debt	2 177 000	680 000	676 000	470 000
Total Equity and Debt	4 248 000	1 461 000	1 076 000	945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,25 %	48,85 %	37 %	56,84 %
Debt-to-Equity Ratio	−1,21	0	0	0
Operating Profit Margin	7,53 %	25,12 %	10,59 %	17,84 %
Current Ratio	1,06	1,93	1,29	1,51
Quick Ratio	1,06	1,93	1,29	1,51
Equity Ratio	−2,37	0,54	0,37	0,5
Gross Profit Margin	98,62 %	100 %	100 %	100 %